A:-Linear correlation
B:-Auto correlation
C:-Non-linearcorrelation
D:-Multicollinearity
Correct Answer:- Option-B
Question58:-In economic analysis when dependent variables are essentially qualitative we make use of
A:-Spearman Co-efficient
-Quality variables
C:-Dummy variables
D:-Estimator
Correct Answer:- Option-C
Question59:-Accepting a hypothesis which is false is called
A:-Type | Error
B:-Type Il Error
C:-Absolute error
D:-More information required
Correct Answer:- Option-B
Question60:-In matrix, inverse is defined only in case of
A:-Singular matrix
B:-Non-singular matrix
C:-Row matrix
D:-Plural matrix
Correct Answer:- Option-B
Question61:-The official call for a New International Economic Order was first originated by
A:-UN General Assembly in 1974
B:-UNIDO in 1975
C:-IMF in 1980
D:-UNCTAD in 1987
Correct Answer:- Option-A
Question62:-The degree of inequality is measured using
A:-Kuznet's inverted U curve
B:-Offer curve
C:-Lorenz curve
D:-Laffer curve
Correct Answer:- Option-C
Question63:-An index which combines a measure of income per head with measures of life expectancy and adult literacy
A:-HPI
B:-HDI
C:-PGI
D:-PQLI
Correct Answer:- Option-B

Question64:-'Life sustenance, Self-esteem and freedom are the basic components or core values of development' is the
concept originally introduced by

A:-Amartya Sen

B:-Arthur Lewis

C:-D Goulet

D:-Michael P Todaro
Correct Answer:- Option-C

Question65:-If the ratio of marginal product is the same at the capital to labour ratio and equal proportional amounts of the
two factors are saved, then it is

A:-Labour Saving Technical Progress
B:-Capital Saving Technical Progress
C:-Neutral Technical Progress
D:-Inventive and Innovative Technical Progress
Correct Answer:- Option-C
Question66:-Who authored the book "Economic Development with Unlimited Supplies of Labour"?
.W. Schultz
:-Mark Blaug
C:-John Fei and Gustav Ranis